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This Day In 1970's History: Friday October 22, 1976
In their third and final debate, President Ford and Jimmy Carter both indicated they would stress issues rather than personalities during the final days of the campaign. The tone of the meeting was subdued and almost conciliatory as both men appeared relaxed during the 90-minute debate on the campus of the College of William and Mary in Williamsburg, Va. The two traded barbed comments toward the end of their nationally televised meeting but the exchange was brief. [New York Times]
"The political surprise of the century" was predicted by President Ford, who said he would overtake Jimmy Carter in the closing days of the campaign and win the election. The President made the statement as he left the White House for the final debate with Mr. Carter and a dozen days of intensive campaigning. [New York Times]
Eugene McCarthy's name was ordered removed from the ballot in New York state because of invalid nominating petitions for his independent presidential candidacy. The McCarthy organization said it would appeal the decision of Justice John Tennock of the state Supreme Court. The decision was seen as a victory for the Democratic Party, which was afraid the McCarthy candidacy would take away votes from Jimmy Carter. [New York Times]
Wage increases were less in 1976 than they were in 1975, the Labor Department said in a report on collective bargaining agreements. The report supported the view of administration experts who had said that the increases had not added to inflationary pressures even though the raises continued to outstrip productivity and to push up business costs. [New York Times]
Higher taxes for Americans working abroad may reduce their numbers considerably and may cause some United States companies to leave France. The tax revision bill signed early in the month by President Ford increased the taxes for Americans overseas, many of whom may have to pay higher taxes than Americans at home. In France, the government is debating a bill that would tax the total incomes of foreigners instead of only the portion earned in France. [New York Times]
